China PV News Snippets

LONGi cells feature among 2022 Highest Solar Cell Efficiency results; Flat Glass & Chint Solar partner for PV rolling glass; TCL Zhonghuan announces silicon wafer prices; Gaoce Technology net profit at RMB 789 million in 2022.

Many LONGi cells among Highest Efficient Solar Cells of China in 2022: The Photovoltaic Professional Committee of the China Renewable Energy Society (CPVS) released the 2022 China Solar Cell Highest Efficiency results at the 18th China Renewable Energy Academic Conference, and over half of the cell efficiencies selected were that of LONGi's. The 2022 Solar Cell China Highest Efficiency includes 15 cell efficiencies of which 7 belong to LONGi, including LONGi Green Energy n-HJT battery 26.81%; p-HJT battery 26.56%; perovskite/crystalline silicon stacked two-terminal battery 29.55%; perovskite/crystalline silicon stacked four-terminal battery 25.9%. In an exclusive interview with TaiyangNews, LONGi President Lin Zhenguo and Dr Xu Xixiang, Vice President of the company's Central R&D Institute talked about LONGi's new solar cell world record of 26.81% efficiency. (see LONGi's new solar cell world record–Interview with LONGi leadership, LI Zhenguo and Dr Xu Xixiang)

Flat Glass & Chint Solar come together for PV rolling glass: Chinese supplier of solar PV glass, Flat Glass, announced the signing of a sales agreement with PV power station developer and PV module producer Chint Solar and its subsidiaries. As per the agreement, Chint Solar will buy about 378 million square meters of photovoltaic rolled glass from Flat Glass Group and its subsidiaries from July 2023 to December 2025. As per the recent market price, the estimated sales amount will be about RMB 8.05 billion ($1.17 billion). Last month, Flat Glass had shared plans to invest in 1 GW CdTe thin-film cell facility (see China PV News Snippets)

TCL Zhonghuan lowers silicon wafer prices: Announcing the latest silicon wafer prices, leading solar wafer supplier TCL Zhonghuan said:

• P-type 150μm silicon wafers 182, 210, and 218.2 are now at RMB 6.40 ($0.824) /pc, RMB 8.05 ($1.036) /pc, and RMB 8.69 ($1.118) /pc, respectively. Compared with the previous revision, there is a drop of -2.89% (-4.04%), 1.83% (0.77%) and 1.81% (0.80%), respectively.
• N-type 130μm silicon wafers 182 and 210 are now at RMB 6.52 ($0.838) /pc and RMB 8.20 ($1.055) /pc, respectively. Compared with the previous revision, there is a drop of -2.03% (-2.95%) and 1.80% (0.75%), respectively.
• N-type 110μm silicon wafers 182 and 210 are now at RMB 6.26 ($0.805) /pc and RMB 7.87 ($1.013) /pc, respectively. Compared with the previous revision, there is a drop of -1.95% (-3.07%) and 1.87% (0.78%), respectively.

The wafer price decrease follows price changes taken by TCL Zhonghuan a month back (see China PV News Snippets)

Gaoce Technology releases 2022 annual report: Releasing its annual report for 2022,  Gaoce Technology said that it has achieved an operating income of RMB 3.5 billion ($0.51 billion), a year-on-year increase of 127.9%; and a net profit of RMB 789 million ($114.7 million), a year-on-year increase of 356.6%. During the reporting period, the company had signed large equipment sales orders with leading photovoltaic companies, and its photovoltaic cutting equipment products also achieved a revenue of RMB 1.4 billion ($0.2 billion), a year-on-year increase of 50.41%. These factors enabled the company to register this kind of a growth.